bitcoin is trapped under some strong resistive forces giving us the probability for the return to support in the channel, which continues to trend lower. It will meet support zones at on the way down and if we can set a higher low trend we will look for a breakout on the upside, otherwise we are on this bulls back for the ride, and riding bulls can be dangerous and unpredictable. I would, however some might see this as intuitive, I would rather ride a bull than wrestle a bear
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.